RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NDSN
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Nordson Corporation stock upgraded from Sell Candidate to Buy Candidate after Wednesday trading session.
(Updated on May 01, 2024)

Buy candidate since May 01, 2024 PDF

The Nordson Corporation stock price gained 1.07% on the last trading day (Wednesday, 1st May 2024), rising from $258.19 to $260.95. During the last trading day the stock fluctuated 2.52% from a day low at $257.20 to a day high of $263.67. The price has risen in 6 of the last 10 days and is up by 0.06% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 33 thousand more shares were traded than the day before. In total, 247 thousand shares were bought and sold for approximately $64.35 million.

The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $258.22 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Nordson Corporation stock with a 90% probability to be traded between $259.97 and $277.10 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

NDSN Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 1.07%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Nordson Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $265.80. On a fall, the stock will find some support from the short-term average at $260.55. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Thursday, March 28, 2024 and based on theory for this formation the price should fall by -0.81% to $258.84 within 24 trading days since signal was issued (Thursday, May 02, 2024).

Support, Risk & Stop-loss for Nordson Corporation stock

Nordson Corporation finds support from accumulated volume at $260.37 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $6.47 (2.52%) between high and low. For the last week, the stock has had daily average volatility of 1.67%.

Our recommended stop-loss: $245.52 (-5.91%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (NDSN) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect Nordson Corporation to open at $260.61, and during the day (based on 14 day Average True Range), to move between $256.85 and $265.05, which gives a possible trading interval of +/-$4.10 (+/-1.57%) up or down from last closing price. If Nordson Corporation takes out the full calculated possible swing range there will be an estimated 3.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $260.37 (0.22%) than the resistance at $263.20 (0.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Nordson Corporation stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Nordson Corporation stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.416 Buy Candidate Upgraded

Predicted Opening Price for Nordson Corporation of Thursday, May 2, 2024

Fair opening price May 2, 2024 Current price
$260.61 ( 0.132%) $260.95

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NDSN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 267.08 2.35 %
R2 264.61 1.40 %
R1 263.08 0.82 %
Current price: 260.95
Support S1 258.14 -1.08 %
S2 256.61 -1.66 %
S3 254.14 -2.61 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 265.65 1.80 %
R2 264.95 1.53 %
R1 263.20 0.86 %
Current price 260.95
Support S1 260.37 -0.222%
S2 259.66 -0.494%
S3 258.19 -1.06%

NDSN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 16, 2024 Feb 16, 2024 Mar 05, 2024 $0.680 0.260%
2 Dec 18, 2023 Dec 18, 2023 Jan 02, 2024 $0.680 0.263%
3 Aug 09, 2023 Aug 21, 2023 Sep 05, 2023 $0.680 0.283%
4 May 10, 2023 May 22, 2023 Jun 06, 2023 $0.650 0.289%
5 Feb 08, 2023 Feb 17, 2023 Mar 07, 2023 $0.650 0.296%

FAQ

What is the symbol for Nordson Corporation Stock and on which exchange is it traded?
The symbol for Nordson Corporation is NDSN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Nordson Corporation Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Nordson Corporation stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Nordson Corporation Stock?
Nordson Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Nordson Corporation Stock.

What's the current price of Nordson Corporation Stock?
As of the end of day on the May 01, 2024, the price of an Nordson Corporation (NDSN) share was $260.95.

What is the 52-week high and low for Nordson Corporation Stock?
The 52-week high for Nordson Corporation Stock is $278.00 and the 52-week low is $208.91.

What is the market capitalization of Nordson Corporation Stock?
As of the May 01, 2024, the market capitalization of Nordson Corporation is 14.924B.

When is the next earnings date for Nordson Corporation?
The upcoming earnings date for Nordson Corporation is May 27, 2024.
Click to get the best stock tips daily for free!

About Nordson Corporation

Nordson Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through two segments, Industrial Precision Solutions (IPS) and Advanced Technology Solutions (ATS). The IPS segment provides dispensing, coating, and laminating systems for adhesives, lotions, liquids, and fibers to disposable products and roll ... NDSN Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT